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Finnish (OMX) Medical Equipment Industry Analysis
UpdatedMay 30, 2026
DataAggregated Company Financials
Companies6
- 7D1.8%
- 3M-45.2%
- 1Y-41.1%
- YTD-65.9%
Over the last 7 days, the Medical Equipment industry has remained flat, although notably Biohit Oyj gained 16%. As for the longer term, the industry has declined 44% in the last year. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 30 May 2026 | €592.6m | €166.0m | €8.9m | 23.7x | 66.5x | 3.6x |
| Mon, 27 Apr 2026 | €664.1m | €165.5m | €10.1m | 24.9x | 65.5x | 4x |
| Wed, 25 Mar 2026 | €685.8m | €165.6m | €9.4m | 28x | 72.7x | 4.1x |
| Fri, 20 Feb 2026 | €734.1m | €164.7m | €8.6m | 21.8x | 85.7x | 4.5x |
| Sun, 18 Jan 2026 | €874.6m | €163.0m | €10.1m | 27.2x | 86.4x | 5.4x |
| Tue, 16 Dec 2025 | €904.3m | €163.0m | €10.1m | 28.6x | 89.3x | 5.5x |
| Thu, 13 Nov 2025 | €946.4m | €163.0m | €10.1m | 29x | 93.5x | 5.8x |
| Sat, 11 Oct 2025 | €960.7m | €158.3m | €8.9m | 27.5x | 107.5x | 6.1x |
| Mon, 08 Sep 2025 | €930.3m | €158.3m | €8.9m | 26.5x | 104.1x | 5.9x |
| Wed, 06 Aug 2025 | €1.0b | €154.7m | €8.6m | 27x | 118.4x | 6.6x |
| Fri, 04 Jul 2025 | €1.1b | €154.7m | €8.6m | 28.1x | 125.9x | 7x |
| Sun, 01 Jun 2025 | €993.9m | €154.7m | €8.6m | 27x | 115x | 6.4x |
| Tue, 29 Apr 2025 | €924.2m | €151.5m | €8.5m | 25.3x | 108.3x | 6.1x |
| Thu, 27 Mar 2025 | €966.2m | €150.9m | €8.3m | 26.8x | 116.8x | 6.4x |
| Sat, 22 Feb 2025 | €1.0b | €149.1m | €4.1m | 28x | 248.8x | 6.8x |
| Mon, 20 Jan 2025 | €1.1b | €146.0m | €3.2m | 35.5x | 331.1x | 7.2x |
| Wed, 18 Dec 2024 | €947.9m | €146.0m | €3.2m | 28.7x | 297.9x | 6.5x |
| Fri, 15 Nov 2024 | €1.0b | €146.0m | €3.2m | 31.7x | 319.6x | 7x |
| Sun, 13 Oct 2024 | €1.1b | €145.0m | €3.4m | 33.4x | 325.5x | 7.7x |
| Tue, 10 Sep 2024 | €1.2b | €145.0m | €3.4m | 33.5x | 344.5x | 8.1x |
| Thu, 08 Aug 2024 | €1.0b | €140.7m | €2.7m | 29.9x | 387.1x | 7.3x |
| Sat, 06 Jul 2024 | €1.0b | €140.7m | €2.7m | 28.4x | 377.5x | 7.1x |
| Mon, 03 Jun 2024 | €1.0b | €140.7m | €2.7m | 28.1x | 390.7x | 7.4x |
| Wed, 01 May 2024 | €923.4m | €140.6m | €2.6m | 27.1x | 355.5x | 6.6x |
| Fri, 29 Mar 2024 | €888.9m | €140.9m | €3.3m | 25.9x | 266.9x | 6.3x |
| Sun, 25 Feb 2024 | €898.9m | €140.5m | €5.2m | 26.4x | 172.8x | 6.4x |
| Tue, 23 Jan 2024 | €883.1m | €138.1m | €3.0m | 32.3x | 295.6x | 6.4x |
| Thu, 21 Dec 2023 | €919.1m | €138.1m | €3.0m | 33.4x | 307.6x | 6.7x |
| Sat, 18 Nov 2023 | €841.7m | €138.1m | €3.0m | 31.7x | 281.7x | 6.1x |
| Mon, 16 Oct 2023 | €765.0m | €139.8m | €3.7m | 27.9x | 209.5x | 5.5x |
| Wed, 13 Sep 2023 | €800.8m | €139.8m | €3.7m | 28.3x | 219.3x | 5.7x |
| Fri, 11 Aug 2023 | €861.0m | €144.9m | €9.9m | 28.8x | 87.3x | 5.9x |
| Sun, 09 Jul 2023 | €1.1b | €144.5m | €9.3m | 38.5x | 114.2x | 7.4x |
| Tue, 06 Jun 2023 | €1.1b | €144.5m | €9.3m | 39x | 115.2x | 7.5x |
Price to Earnings Ratio
115.2x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 64.6x which is lower than its 3-year average PE of 205x.
- The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | -0.63% | |
| Healthcare | 0.68% | |
| Medical Equipment | 1.78% | |
| Medical Equipment | 1.78% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 205x.
- Analysts are expecting annual earnings growth of 30.4%, which is higher than its past year's earnings decline of 5.6% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 205x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 5.6% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MODU Modulight Oyj | €1.25 | 9.7% +€4.7m | 5.7% | PS5.1x | |
| BIOBV Biohit Oyj | €2.63 | 11.9% +€4.3m | -5.7% | PE14.6x | |
| BRETEC Bioretec Oy | €0.023 | 5.6% +€1.6m | -98.8% | n/a | |
| NXTMH Nexstim | €8.76 | 0.9% +€578.8k | 10.6% | PE110.6x | |
| OPTOMED Optomed Oyj | €1.54 | 0.9% +€300.0k | -62.6% | PS2x |